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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (8443)2/2/1999 8:27:00 PM
From: Nazbuster  Read Replies (2) of 122087
 
Anthony, this has probably been asked before, but you are way too popular and I actually have to skip some messages on occasion, really!

How do we tell the difference between a POS and something like an AMZN, or eBay, when it first comes on the market. Look at TUTS... Offered at $18 last Friday, opened low thirties, ran to over $60/share on the first day. Today it ran over $80/share. It's now in the same price bracket as ASND!

Yes, TUTS has product and is in the new xDSL business. They have decent partners. But $83/share???

What should we focus on to distinguish a "startup" from a POS?

P.S. Disclosure: I bought Friday at $61 and sold today at 78 3/4. Not bad for 2 days' work.

P.PS. If one wanted to take advantage of a downdraft in a new issue like TUTS, how could we do so? Isn't it impossible to short new issues like this?
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